Sunday, February 27

How much ?

The Better Regulation think tank has put the cost of existing regulation to industry at £100 billion a year.

The Institute of Directors have estimated the future cost of full membership of the EU, inc unfunded pension liabilities at £168 Billion.
The problem wifh expressing points using vast sums of money is that most people can not comprehend the sums involved.

A writer in a CIB recent article commented:

£1 billion provides the capital to build a hospital and if the balance is invested will provide the running costs for ever!

Now that is what most peolple will understand.